efs: People keep leaving financial services for the legalized cannabis industry
Our CEO Neil Demers was featured in a profile on eFinancialServices. Here’s an excerpt: Neil Demers, a former client services executive at OppenheimerFunds, quit his job after the increase in national support for legalizing cannabis caught his attention. He started Mr. Stinky’s, a dispensary that had a skunk for a mascot. Demers decided to target the […]
These Are The Top Five Emerging Trends In The Cannabis Industry
Forbs wrote an article about the five latest trends in the emerging cannabis industry and mentioned Frost Denver Dispensary as one of the forefront leaders of the fourth trend – luxury cannabis brands. There are high-end dispensaries like Frost Denver Dispensary and gold rolling papers. The report states that cannabis brands “are replicating what happened in liquor […]
Las Vegas Sun: Marijuana businesses struggle to find willing banking suitors
Making a bank deposit for marijuana store owners in Colorado could involve this complex routine: Some spray Febreze on cash stacks to mask the marijuana smell and others deposit money orders to avoid federal suspicious activity reports from depositing too much cash, dispensary owners there say. Some of Colorado’s nearly 1,000 licensed dispensaries operate under […]
Exclusive Cannagar from Diego Pellicer Colorado Featured in Westword Video
Diego Pellicer on Las Vegas Recreational Market: It Takes Time
“In the first weeks of recreational sales in Colorado in 2014, dispensaries watched their shelves empty and marijuana prices skyrocketed as vendors failed to keep up with consumer demand,” said Neil Demers of Denver’s Diego Pellicer dispensary. “It took eight to 10 months for supply to catch up and the market to level out,” he […]
Bitcoin Is Helping the Pot Business Get Over Its Banking Problem
Cannabis companies are turning to the world’s most popular digital currency in an effort to get rid of all that cash. The inability to access traditional financial institutions is one of the marijuana industry’s biggest impediments. Legal cannabis was a $6 billion industry last year and is expected to grow to $50 billion by 2026, according […]
Diego Pellicer Chimes in as Nevada Tax Commission sets temporary rules for recreational marijuana sales
Nevada is moving forward with implementing recreational marijuana operations by July 1, while protections for operators at the federal level increase on the medical side. But not recreational. In a new federal spending bill that funds the government through September, Congress continued its policy of blocking the U.S. Department of Justice from using any dollars […]
Diego Pellicer Talks to FHM about Growing Cannabis at Home
Although marijuana isn’t 100 percent legal in every state, it has become less and less judged, with people from doctors to lawyers to everyone in-between unafraid about smoking it every once in awhile. And, while most people resort to buying their pot from distributors—when legal, of course—there are a few people who know that the […]
WorkForce: Pot Industry Cultivates a New Branch with HR
As Diego Pellicer continues to innovate and set precedent in the legal cannabis industry, we are glad to take part in conversations like the one we had with WorkForce. Check out an excerpt with quotes from Diego’s own Allan Golod. As recreational marijuana buds into a legitimate billion-dollar business from its seedy past, human resources […]
Federal Medical Marijuana Protections Extended Through September 2017
The Rohrabacher-Farr amendment, which prevents the U.S. Department of Justice from spending funds to interfere with state medical marijuana laws, was included in the budget resolution that was released last night. The amendment renewal extends protections until September, 2017 and also includes language that supports industrial hemp research as well, which is allowed under Section 7606 of […]
